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If cash for gold is soo good, then why dont jewlery shops sell ther gold to them instead of waiting?

On customers to keep them in business ;-)

 

Answer`s (3):
1. vadaptre
Matin's rite.. gold is trading @ abt $1475 per troy oz @ mo..that's for 24ct old..works out @ abt £11 per gm for 9ct (37.5% purity) best cash for gold offer I found recently was £9 per gm..gold jewellery is 'value-added' in terms of its workmanship..so it sells @ @ least three times its 'melt-down' or bullion value. Same with sterling silver.. 1oz troy (0.925 sliver)...bullion value abt £22..but a 1oz bracelet sells for abt £45 currently
btw if ud bought a gold sovereign (8g 24ct) 2yrs ago ..typ price £180..its now worth over £230 (bullion)..a v good investment!
2. Martin
Cause you get more money for selling to customers.

Plus the gold is already shaped into a ring, necklace, bangle, ect.
3. Kev
they're not good, thats the point. dale Winton and Mr.T dont work for free.
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If cash for gold is soo good, then why dont jewlery shops sell ther gold to them instead of waiting?